Compass Group (OTCMKTS:CMPGY) Shares Gap Down – Here’s What Happened

Compass Group PLC (OTCMKTS:CMPGY) shares gapped down before the market opened on Monday . The stock had previously closed at $30.98, but opened at $30.02. Compass Group shares last traded at $30.01, with a volume of 1,009 shares traded.

Analysts Set New Price Targets

Separately, Compass Point set a $36.00 price objective on Compass Group in a research report on Thursday, September 10th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat.com, Compass Group has a consensus rating of “Strong Buy” and a consensus target price of $36.00.

Compass Group Trading Up 0.6%

The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 0.86. The company has a 50 day moving average of $31.42 and a 200-day moving average of $30.93.

About Compass Group

Compass Group plc is a United Kingdom-based provider of food services and support services. The company designs, manages and delivers dining programs for organizations and institutions, including contract catering, workplace dining, food and beverage services, and hospitality operations.

Its services are provided across multiple end markets, including business and industry, healthcare, education, sports and leisure, defense, and remote-site operations. Compass Group serves clients through brands and operating businesses such as Eurest, Chartwells, Canteen, Levy and Restaurant Associates, offering services that range from everyday meal programs to event catering and facility-support solutions.

Founded in the United Kingdom in 1941, Compass Group has expanded into an international business serving customers across North America, Europe, Asia-Pacific and other global markets.